03-30-2022, 09:00 PM
Long term investing is not a get rich quick scheme. But not Investing AT ALL?? that'
<!-- SC_OFF --><div class="md"><p>In case you haven’t realized, the value of your dollar is falling off a cliff…</p> <p>Inflation is running rampant and recently crossed a whopping 7%... Worse than we’ve had in about 40 years.</p> <p>If you’re interested in going anywhere, it’ll cost you about 40% more than this time last year just to fill up your gas tank. And that’s only the tip of the iceberg…</p> <p>If you grasp what’s going on, you’ll know that a 3% raise isn’t helping you at all when you’re losing 7%...</p> <p>In order to counter this, storing money in an appreciating investment vehicle is an absolute MUST.</p> <p>Otherwise, the value of your dollar will continue going down as the AMOUNT of dollar you have stays the same…</p> <p>Even if you’re not great at math, I think you can see where that’s headed.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Obvious-Ad-438"> /u/Obvious-Ad-438 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts3a3t/long_term_investing_is_not_a_get_rich_quick/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts3a3t/long_term_investing_is_not_a_get_rich_quick/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>In case you haven’t realized, the value of your dollar is falling off a cliff…</p> <p>Inflation is running rampant and recently crossed a whopping 7%... Worse than we’ve had in about 40 years.</p> <p>If you’re interested in going anywhere, it’ll cost you about 40% more than this time last year just to fill up your gas tank. And that’s only the tip of the iceberg…</p> <p>If you grasp what’s going on, you’ll know that a 3% raise isn’t helping you at all when you’re losing 7%...</p> <p>In order to counter this, storing money in an appreciating investment vehicle is an absolute MUST.</p> <p>Otherwise, the value of your dollar will continue going down as the AMOUNT of dollar you have stays the same…</p> <p>Even if you’re not great at math, I think you can see where that’s headed.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Obvious-Ad-438"> /u/Obvious-Ad-438 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts3a3t/long_term_investing_is_not_a_get_rich_quick/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ts3a3t/long_term_investing_is_not_a_get_rich_quick/">[comments]</a></span>Kind Regards R